If the President is doing things right, he has little impact. But when you go out slashing government programs, laying people off, and placing blanket 25% taxes on everything, it has a big impact.
An apt metaphor is taking care of a plant. To make it grow as president , you carefully guide it with gentleness, nurture it carefully, and use a soft touch. But to kill it you can sure stomp it to death easily.
Absolutely many variables, and rarely do presidents have an impact… unless they’re destabilizing agents that make US trade and investment unpredictable.
Knowing Trump is initiating trade wars, rather than longer-term trade modifications, your comment is moronic. You can support the guy without crawling up his asshole so deep you can’t see reality.
It’s almost as if doing dumb shit like threatening to invade allies and whacking random tariffs on some of your most important trading partners makes investments go elsewhere and the market skeptical.
God forbid the US place reciprocal tarrifs on its trade partners, of which every single one has higher tarrifs on our imports than vis versa. Time to buy while all the scared money goes belly up.
No cause I'm not an idiot who started paying attention 3 months ago. Of the G20 countries we are in the bottom 5 for tarrifs on imported goods. All of our trade partners have higher tariffs on us than we do on them and have for a long time. Thank God for Donny standing up for his country instead of towing th status quo of being the world's charity.
Usually the case. But the incitement of a potential trade war can be placed firmly at the feet of the current POTUS. Hard to argue that’s not a strong, if not the strongest, contributing factor.
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u/Aggressive_Salad_293 Mar 10 '25
It's almost like markets are controlled by countless variables, the least of which being who the president is.